DINAR REVALUATION

Wednesday, January 29, 2025

FIREFLY: Forex would be international and like you want, the float!! @DINARREVALUATION #iraqidinar

Iraqi President: The decision of the factions has become in the hands of the government and there is no justification for integrating the crowd, 29 JAN

Iraqi President: The decision of the factions has become in the hands of the government and there is no justification for integrating the crowd

Shafaq News / Iraqi President Abdul Latif Jamal Rashid confirmed on Tuesday that the armed factions are now following the directives of the government, among the fact that the Popular Mobilization is part of the security forces and there is no justification to talk about its integration with the Ministries of Defense and Interior.

“The security situation in Iraq is good and our relations with neighboring countries are good, and currently the focus is on providing services and infrastructure for citizens, and we want to cooperate with the countries of the region and Europe to invest in Iraq,” Rashid said in an interview with France 24, on the sidelines of his participation in the World Economic Forum in Davos, Switzerland.

He added that “the factions are Iraqi factions, and the recent government’s decisions stipulated that all their activities must be under the guidance of the government, and for a while there has been a lull,” noting that “some factions are linked to the Popular Mobilization, and therefore it is part of the security forces.”

On whether talk is being talked about integrating the Popular Mobilization with the Ministries of Defense and Interior, Rashid explained that “the Popular Mobilization is part of the security forces, there is no justification to raise these issues, and the government is in control of the situation and there have been no problems for a while.”

Regarding the statement of Iranian Supreme Leader Ali Khamenei about supporting the crowd and adhering to it, and whether it is considered interference in Iraqi affairs, the president said that “Iraq is an independent state and its decision is in the hands of the state and we preserve our independence, and the proposals are directed not only to Iraq, but most countries hear recommendations, and what Khamenei said is a statement for him.”

It is noteworthy that Iraqi President Abdul Latif Jamal Rashid said in an interview with Sky News Arabia a few days ago that the activity of armed factions stopped, based on government intervention, and imposed decisions on them.

https://www.shafaq.com/ar/سیاسة/الر-يس-العراقي-قرار-الفصا-ل-صبح-بيد-الحكومة-ولا-مبرر-لدمج-الحشد

FIREFLY: issues with oil and gas will always persist until a new rate appears!!, 29 JAN

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:Mr Sammy said...issues with oil and gas will always persist until a new rate appears. That's the only thing that will actually solve all this [disagreement between Baghdad and Kurdistan]

FRANK: Yeah, that's absolutely right. I agree. All we need is the new exchange rate. Everything else will iron itself out.

FIREFLY: THEY WILL COEXIST!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

The coordination framework agrees to replace the head of the Popular Mobilization Commission, 29 JAN

The coordination framework agrees to replace the head of the Popular Mobilization Commission

Shafaj News / An informed source revealed on Tuesday an agreement between the leaders of the coordinating framework to change a number of heads of bodies and institutions, in line with the government program and the current political stage.

The source told Shafaf News Agency that an agreement was made between the leadership of the framework to change the heads of some bodies and institutions in line with the government program currently implemented by the state and in line with the directions of the stage.

According to the agreement, the source says that the head of the Popular Mobilization Commission will be replaced, Faleh Al-Fayyad, pointing to the nomination of a number of alternative names led by leaders in the Dawa Party and another from an armed and political faction in the framework of the management of the Popular Mobilization Commission.

The source said that the head of the State of Law Coalition, Nuri al-Maliki, is working “vigorously” to appoint a candidate before him to head the crowd.

Faleh al-Fayyad took over the leadership of the Popular Mobilization Authority in Iraq in 2015, after being appointed by then-Iraqi Prime Minister Haider al-Abadi.

His appointment to this position at the time came after several security positions were appointed, including the Iraqi National Security Advisor.

https://www.shafaq.com/ar/سیاسة/ال-طار-التنسيقي-يتفق-على-استبدال-ر-يس-هي-ة-الحشد-الشعبي

TIDBIT FROM FNU LNU, 29 JAN

Fnu Lnu

If it were me, I would set the rate high to start and would be a stand alone or sovereign currency. This would allow...the market to adjust the currency as it will. If set high enough, Iraq would be paying off debt at the minimum advantage ratio and as the currency falls in value, it will find its equilibrium and stabilize.

This would... maximum value when paying off debts and buying supplies for infrastructure/ imports.

Once stabilized, then enter into a basket of currencies with assurance that the value would remain stable for a long time to come. This is logical, economically safe if not conservative, and would allow us to get the max for our investments up front. This is my idea of a win/win scenario. If I can deduce this, rest assured they have already considered it long ago.